| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | 14% YoY growth in gaming; 49% consolidated excluding Nodwin deconsolidation. |
|---|---|
| Margins | Gaming margins at 19.5%; UA spending tempering overall EBITDA performance. |
| Demand visibility | Strong traction in US mobile gaming and Indian e-sports segments. |
| Management confidence | Confident, pivoting toward aggressive global platform expansion and AI-led growth. |
Growth
Gaming revenue rose 14% to INR 275 Cr; Bluepiles reported 54% growth but with high UA spend.
Outlook
Targeting 30%+ organic growth for Nodwin in FY27; Bluepiles consolidation begins from Q2 FY27.
Risks
Substantial cash outflow for Bluepiles acquisition and high customer acquisition costs impacting near-term profitability.
Last quarter's promises, checked
Delivered
- Launch Wax Heads → Released last week (= BEAT)
- Kiddopia subscriber growth → Returned to growth in Q3/Q4 (= BEAT)
- Animal Jam margin expansion → Delivered meaningful expansion (= BEAT)
Partly delivered
- Bluepiles consolidation → Pending Spanish FDI approval (= PARTIAL)
Missed
- Sportskeeda recovery → Revenue declined 38% in FY26 (= MISS)
Earnings Call Transcript filed with BSE, NSE: NAZARA. Summary written with AI assistance from the document.
Nazara Technologies Ltd: key numbers
- Share price
- ₹376.45
- Market cap
- ₹14,482 Cr
- Revenue (annual)
- ₹1,829 Cr
- Net profit (annual)
- ₹95.85 Cr
- P/E (TTM)
- -276.0×Sector 22.1×
- Promoter holding
- 33.98%-1.48% QoQ
- FII holding
- 15.51%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Nazara Technologies Ltd
All →Nazara Technologies Annual General Meeting
Nazara Technologies Ltd held its 27th Annual General Meeting on September 25, 2026, transacting ordinary business including financial statement adoption and director re-appointment.
Nazara Technologies Debt & Borrowing: ₹28 Cr
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- Value
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Nazara Technologies Management Change
Nazara Technologies has appointed Mr. Raymond Albaladejo Stauffer as CEO, effective September 16, 2026. Mr. Nitish Mittersain continues as Managing Director.
Nazara Technologies Other Announcement
Nazara Technologies Ltd filed its quarterly shareholding pattern for the quarter ended June 30, 2026. The submission provides the breakdown of promoter and public shareholding.
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